CRYPTO INSIDER: Ripple explodes

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RR Phantom

Location : Wabbit HoleJob/hobbies : Cayman Islands Actuary

Subject: CRYPTO INSIDER: Ripple explodes Thu Jan 11, 2018 8:58 pm

Ripple's XRP cryptocurrency is up more than 5% Thursday, reversing heavy losses from earlier in the week, after the company announced MoneyGram would use XRP to speed up payments and reduce settlement costs.

$US54 million worth of bitcoins are set to be auctioned off by the US Marshals later this month. Kodak, which tripled its share price earlier this week by announcing its own photographic cryptocurrency, is down 18% in trading Thursday. A major bitcoin conference is no longer accepting bitcoin payments because the fees and lag have gotten so bad 97% of all bitcoin are held by just 4% of addresses, Credit Suisse said in a note Thursday. Here's how neo-Nazis and right-wing extremists profit from bitcoin. Cryptocurrencies could be the 21st century version of the Ford Model T, Macquarie said in a note. Finally, the golden age of crypto may be over as spreads tighten and volatility slumps.